$449,900
Available - For Sale
Listing ID: X13127982
151 Garafraxa Street South , West Grey, N0G 1R0, Grey County
| Located in the growing community of Durham, this solid mixed-use property offers an excellent opportunity for investors or buyers looking to offset living expenses with rental income. The main floor commercial unit is currently occupied by a long-term tenant who has been in place for the past three years and would love to stay on. In addition, there is a second smaller street-level commercial space currently being used for storage, offering future potential for additional rental income or business use. The upper level features a spacious and nicely updated two-bedroom apartment complete with hardwood floors, a kitchen island, semi-open concept layout, private fenced yard, and a newer detached single-car garage built in 2025. Built into a hill, the property offers the convenience of traditional street-front access as well as ground-level rear entry to the apartment from the back alleyway. Several important updates have already been completed, including a new roof in 2022, updated front and rear siding, and several newer windows, including the large storefront windows. Whether you are looking for a comfortable owner-occupied property with income potential or a fully tenanted investment opportunity, this versatile property is well worth a look. Call today to arrange your private viewing. |
| Price | $449,900 |
| Taxes: | $2218.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner+T |
| Address: | 151 Garafraxa Street South , West Grey, N0G 1R0, Grey County |
| Postal Code: | N0G 1R0 |
| Province/State: | Grey County |
| Legal Description: | PT LT 10 E/S GARAFRAXA RD PL 500 DURHAM |
| Directions/Cross Streets: | Lambton Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 2300.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1150 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| Peak Edge Realty Ltd. |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Grey County |
| Municipality: | West Grey |
| Neighbourhood: | West Grey |
| Tax: | $2,218 |
| Fireplace: | N |
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